Afun Interactive, a Korean startup specializing in real-time 3D content production, has received a noteworthy 7 billion won ($5.3 million) investment from Shinhan Asset Management through Series A bridge funding.
A Successful Series A Bridge Funding Round for Afun Interactive
According to the story by Korea Tech Desk, this funding follows their earlier 10 billion won ($7.6 million) Series A round, where CJ Investment, Company K Partners, and CJ ENM backed the company.
The Korean startup Afun Interactive, a real-time 3D content producer, has recently received 7 billion won ($5.3 million) from Shinhan Asset Management through a Series A bridge funding round. This follows the 10 billion won ($7.6 million) from CJ Investment, Company K Partners, and CJ ENM in the 2021 Series A round.
Afun Interactive's Global Collaborations with World-Class Producers
Afun Interactive's ambitious goal is to lead the virtual entertainment market as the premier metaverse company in Korea with its cutting-edge technology and character IP, as explained in detail on the Afun Interactive website.
Afun Interactive's revolutionary 3D production technology has enabled them to produce a unique kind of virtual K-pop that features virtual artists such as 'Apoki' and 'Lesha.' The company's innovative creations have been recognized worldwide, having collaborated with renowned global producers on world-class hits.
Apoki's Expansive Reach Across Prominent Global Brands and Events
In addition, the company also inked a promotional agreement with Sony Music Solutions, a subsidiary of Sony Music Entertainment, in Japan, to further its efforts in global expansion.
Apoki's collaboration with prominent international brands such as Sony, Tommy Hilfiger, and Dolce & Gabbana, in addition to its invitation to the renowned Andy Warhol exhibition in Kyoto, is a testament to the unparalleled value and potential of the company's 3D content production technology and IPs. More information about Apoli was spotted on Kpop Concerts.
Afun Interactive's Ambition to Become Korea's Leading Metaverse Company
CEO Dokyun Kwon shared his enthusiasm for their company's growth in the virtual entertainment and metaverse markets. He said that with their 3D content production technology, which has implemented character IP as artists, the possibilities for their potential have never been higher.
He strongly believes Afun Interactive could become Korea's leading metaverse company. Given the company's success so far and its recent 7 billion won investment in Series A bridge funding, it is clear that Afun Interactive is fully committed to becoming a leading metaverse company in Korea.
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A Bright Future for Afun Interactive in the Virtual Entertainment Industry
As the virtual entertainment and metaverse markets gain greater attention, it will be interesting to see where Afun Interactive's ambitious plans take them in the coming months.
It will be interesting to see where Afun Interactive's virtual K-pop characters will appear next and if industry-leading companies adopt their 3D content production tech.
With the backing of such major players in the venture capital funding world and industry, it's almost certain that Afun Interactive will be making waves in the virtual entertainment industry for years to come.
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